INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c
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11 PASSENGERS TRAVELLING FROM IMO TO KANO BURNT TO DEATH ALONG ENUGU/PORT HARCOURT EXPRESSWAY.(PHOTO).

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11 Passengers Travelling From Imo To Kano Burnt To D£ath Along Enugu/Port Harcourt Expressway 

Eleven passengers traveling from Owerri, Imo state to Kano state were burnt to d£ath after a Toyota Hiace bus they were traveling in, got involved in an accident on Sunday, October 30.

The spokesperson of the Enugu state police command, DSP Daniel Ndukwe, who confirmed the accident said the Hiace Bus with registration number KTG 41 XD, conveying twelve (12) passengers, rammed into a broken-down and stationary Howo Sino truck, at Akegbe-Ugwu, along Enugu/Port-Harcourt Expressway and burst into flames.

Ndukwe said the impact led to Eleven (11) of the travelers suffering severe burns before emergency help could get to them. He said they were taken to the hospital and confirmed dead by doctors on duty.

 

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